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Property profile & analytics
OFF-MARKET
Land

0 Tbd Us 287 Decatur, TX 76234

2.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.32-acre vacant land parcel presents a unique commercial investment opportunity in Decatur, Texas. Strategically located off Highway 287, above a hotel, this property boasts unparalleled visibility to the high volume of daily traffic traversing this major thoroughfare. The expansive lot size offers considerable flexibility for a wide range of commercial developments, catering to diverse business needs. Its prime location within Wise County, Texas, and proximity to Decatur's amenities, makes it an attractive proposition for entrepreneurs and investors alike. The address is listed as TBD US 287, Decatur, TX 76234. The asking price for this remarkable property is $245,000. Given its size, location, and high visibility, this land presents a compelling investment opportunity with significant potential for future growth and return. The property's accessibility and prominent positioning along Highway 287 ensure maximum exposure to potential customers and clients. This is a rare chance to acquire a substantial piece of commercial real estate in a thriving Texas community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Land
Lot 2.32 ac (101,059 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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